Nu Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,869	1,972	1,031	-364.58	-164.99
Depreciation & Amortization	97.97	77.13	62.9	35.58	17.34
Gain (Loss) on Sale of Investments	-50.43	47.93	15.91	18.64	-19.94
Provision for Credit Losses	4,675	3,469	2,484	1,441	503.68
Change in Trading Asset Securities	-4,813	-2,552	699.08	-	-4,667
Change in Other Net Operating Assets	-19,133	-10,753	-13,095	-8,140	-3,060
Other Operating Activities	6,712	3,952	2,166	1,223	302.25
Operating Cash Flow	-9,361	-3,512	-6,399	-5,523	-6,931
Capital Expenditures	-7.22	-5.42	-20.24	-20	-6.03
Cash Acquisitions	-1.54	-5.64	-	-10.35	-114.49
Investment in Securities	-	-99.37	-	-2.5	-11.21
Income (Loss) Equity Investments	3.69	-	-	-	-
Purchase / Sale of Intangibles	-333.55	-169.57	-156.76	-94.31	-22.47
Other Investing Activities	-	-50.64	-	-	-
Investing Cash Flow	-342.31	-330.63	-177	-127.15	-154.2
Long-Term Debt Issued	2,823	1,310	469.5	581.14	116.35
Long-Term Debt Repaid	-539.46	-587.7	-53.43	-175.62	-131.31
Net Debt Issued (Repaid)	2,284	722.2	416.07	405.52	-14.96
Issuance of Common Stock	6.22	5.55	9.15	252.5	3,403
Net Increase (Decrease) in Deposit Accounts	12,861	5,911	7,665	6,278	4,002
Other Financing Activities	-	-	-	-3.99	-47.55
Financing Cash Flow	15,152	6,638	8,090	6,932	7,342
Foreign Exchange Rate Adjustments	369.52	466.14	236.72	184.18	104.43
Net Cash Flow	5,818	3,262	1,751	1,467	361.9
Free Cash Flow	-9,368	-3,517	-6,419	-5,543	-6,937
Free Cash Flow Margin	-134.00%	-63.79%	-173.16%	-301.32%	-816.06%
Free Cash Flow Per Share	-1.91	-0.72	-1.32	-1.19	-4.33
Cash Interest Paid	92.29	88.08	82.9	30.94	9.06
Cash Income Tax Paid	1,642	1,263	612.45	297.09	52.31

Source: S&P Global Market Intelligence. Banks template. Financial Sources.